Critical Metals Raises $60M, Shares Slip 1%

Critical Metals Corp announced a private placement of 5,999,998 ordinary shares at $10 each, targeting roughly $60 million gross proceeds.
The offering, led by placement agent Clear Street LLC with legal counsel White & Case LLP, is set to close around April 22, 2026.
Shares fell over 1% in pre‑market trading as proceeds will fund working capital and development of the Tanbreez rare‑earth project in Greenland.
CEO Tony Sage said the capital accelerates expansion, positioning CRML as a global leader in critical metals for shareholders.